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Press Release: The Carlyle Group Invests in Translation Software Provider Memsource

Carlyle and Memsource

London, UK and Prague, Czech Republic: 2 July 2020 - Global investment firm The Carlyle Group (NASDAQ: CG) today announced that it has acquired a majority stake in Memsource, a language translation software provider, from existing shareholders. Memsource management, including Founder and CEO David Canek, remain shareholders in the business. The financial terms of the transaction are not disclosed.

Memsource Online Meetup: 5 Key Takeaways

Memsouce Online Localization Meetup

With almost 1500 registrants, the latest Memsource Meetup was a huge success and packed with valuable information to help you streamline your localization processes. During our first event in April, we focused on maintaining business continuity during the COVID-19 pandemic and discussed the effect on the localization industry. We also shared strategies on how to safeguard your business and get through the pandemic with minimal impact.

Post-editing Machine Translation Best Practices

Machine Translation Post-editing

Machine translation (MT) is continuously improving by becoming faster, cheaper, and more accurate. Yet it still has some way to go before it achieves parity with human translators. Post-editing machine translation (PEMT) helps combine the best of both worlds: the speed and ability of MT engines to quickly handle large volumes of text, with the skill and sensitivity of trained linguists. Read on to find helpful tips for implementing post-editing in your translation workflows.

Memsource Online Meetup Key Takeaways: Working Together to Achieve Business Continuity

localization trends localization events

Memsource recently hosted its first-ever online meetup and we hope it’s the first of many. While the original plan was to host an event in Dublin on the same day, the current pandemic forced us to rethink our plans. And thus, our online Memsource Meetup, April 2020 was born. The event was packed with great advice on how to minimize the business impact of COVID-19 and strategies to help boost revenue in these difficult times. Want our key takeaways from the event? Read on.

Our Response to COVID-19

We are all living in a radically new reality which we all have to adapt to very quickly. I’d like to share some of the first measures we’ve implemented but also start a dialogue with you – our custome...

Memsource Mobile: Latest Updates

Memsource Mobile App Updates Mobile Translation

The Memsource Mobile app has ushered in a new age of mobile translation and project management. In 2019, we launched the first-ever comprehensive mobile CAT tool enabling both Project Managers and Lin...